BIZCONSTRUCT

Open bankruptcy

Private limited companyfounded 2015KBO/BCE: BE 0628.770.331

A bankruptcy procedure is open for BIZCONSTRUCT according to publications in the Belgian State Gazette; curator: STEVEN VERBEKE. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €109k and a net result of €31k.

Watch Print / PDF

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 09-05-2023, 9 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 7 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

not filed

2022

9 d late

2021

38 d late

2020

on the day

2019

364 d late

← before the deadline after the deadline →

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Address struck

Financials · fiscal year 2022, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€31k▼ 25.9%

2021 · €41k

2018: €4k 2019: €17k 2020: €1k 2021: €41k

2018 → 2022

Working capital

€107k▲ 50.3%

2021 · €71k

2018: €12k 2019: €14k 2020: €56k 2021: €71k

2018 → 2022

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019202020212022Trend

Equity€19k-€36k▲ 87.0%€37k▲ 3.1%€78k▲ 112%€109k▲ 39.1%

Operating result€12k-€24k▲ 94.3%€4k▼ 82.3%€43k▲ 921%€41k▼ 4.4%

Net result€4k-€17k▲ 357%€1k▼ 93.4%€41k▲ 3,676%€31k▼ 25.9%

Result per fiscal year

Operating resultNet result

The operating result falls in 2022; 2022 is 4% below 2021.

Balance-sheet composition

2022 in colour, 2021 as the grey bar beneath

Assets €262k

18.1%

81.9%

Fixed assets €47k▼ 21.8%

Current assets €215k▲ 23.0%

Equity and liabilities €262k

41.5%

58.5%

Equity €109k▲ 39.1%

Debt €153k▼ 2.3%

The debt ratio falls from 66.8% to 58.5%. Equity is higher and debt is lower.

Key figures and ratios

2022 value · change against 2021

EBITDA

€75k▼

2021 · €81k

Cash flow

€64k▼

2021 · €79k

Solvency

41.5%▲

2021 · 33.2%

Current ratio

1.99▲

2021 · 1.68

Quick ratio

1.99▲

2021 · 1.68

Debt / equity

1.41▼

2021 · 2.01

ROE

28.1%▼

2021 · 52.8%

ROA

11.7%▼

2021 · 17.5%

Interest coverage

30.54▲

2021 · 26.61

Debt

€153k▼

2021 · €157k

Debt ≤ 1 year

€108k▲

2021 · €104k

Debt > 1 year

€45k▼

2021 · €53k

Income taxes

€13k▲

2021 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2022 against 2021

Balance sheet Code20212022

Assets

Total assets20/58€235k€262k▲

Fixed assets21/28€61k€47k▼

Tangible fixed assets22/27€61k€47k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€59k€46k▼

Current assets29/58€175k€215k▲

Amounts receivable within one year40/41€129k€117k▼

Trade receivables40€70k€25k▼

Other amounts receivable41€59k€92k▲

Cash at bank and in hand54/58€45k€97k▲

Deferred charges and accrued income490/1€474€526▲

Equity and liabilities

Total equity and liabilities10/49€235k€262k▲

Equity10/15€78k€109k▲

Contributions10/11€6k€6k=

Outside capital11€6k-

Other1109/19€6k-

Reserves13€865€865=

Non-distributable reserves130/1€865€865=

Reserves not available under the articles1311€865€865=

Profit (loss) carried forward14€71k€102k▲

Amounts payable17/49€157k€153k▼

Amounts payable after more than one year17€53k€45k▼

Financial debts170/4€53k€45k▼

Amounts payable within one year42/48€104k€108k▲

Current portion of amounts payable after more than one year42€33k€29k▼

Financial debts43€2k€1k▼

Credit institutions430/8€2k€895▼

Other loans439-€191

Trade debts44€69k€71k▲

Suppliers440/4€69k€71k▲

Taxes, remuneration and social security45-€7k

Taxes450/3-€7k

Income statement Code20212022

Non-recurring operating income76A€2k€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€33k▼

Other operating charges640/8€2k€2k▼

Gross operating margin9900€83k€76k▼

Operating profit (loss)9901€43k€41k▼

Financial income75/76B€4k€5k▲

Recurring financial income75€4k€5k▲

Financial charges65/66B€3k€2k▼

Recurring financial charges65€3k€2k▼

Profit (loss) for the period before taxes9903€44k€44k▼

Income taxes67/77€3k€13k▲

Profit (loss) for the period9904€41k€31k▼

Profit (loss) for the period to be appropriated9905€41k€31k▼

Appropriation of the result

Profit (loss) to be appropriated9906€71k€102k▲

Profit (loss) brought forward from the previous period14P€30k€71k▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 12Signals 2Financial 3Filings 7

2024

02-08

KBO administration Address struck

10-01

Bankruptcy Opening

Ondernemingsrechtbank Brussel · BIZCONSTRUCT BV BERGEN- SESTEENWEG 24/8, 1600 SINT-PIETERS-LEEUW · event 02-01-2024

2023

09-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 9 days late

2022

30-09

Financial Equity above €100kEq €109k ▲39.1%

5 profitable years in a row build equity to €109k.

07-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 38 days late

2021

30-09

Financial Highest result since 2018net €41k ▲3676%

Operating result €43k, net result €41k, both a record.

30-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

29-04

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 364 days late

2020

30-09

Financial Weakest financial yearnet €1k ▼93.4%

Net result drops to €1k, the lowest in the series.

2019

04-03

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

13-03

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

20-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 51 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

1 establishment unit since 2015

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ground area

2,209 m²

Building footprint

488 m²

Volume, LiDAR

3,758 m³

2 parcels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

BIZCONSTRUCT

Dagwanden 13, 1860 MeiseManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20152.243.717.886

2 parcels

Flanders 2 (100%)